Ask HN: YC new move will change SV dynamics. Are you sure for the better?
With this move all small angel investors are out of biz. This new thing will change the dynamics of seed investments forever. Startups (in pre-seed stages) must embrace constraints to stay focused on what really matters, must stay in the garages working with few resources. This is like give alcohol to babies, they will get drunk.
Small angels will just need to seek investments outside of YC, but that takes some good companies off the table. It will definitely reduce the number of angels in SV within 2-3 years, only the smart ones will survive.
It looks like a bubble, and in the human history every bubble has crushed; soon or later. There will be a lot of burn outs and wasted money over next few years.
Small angels will just need to seek investments outside of YC, but that takes some good companies off the table. It will definitely reduce the number of angels in SV within 2-3 years, only the smart ones will survive.
It looks like a bubble, and in the human history every bubble has crushed; soon or later. There will be a lot of burn outs and wasted money over next few years.